1:00pm EDT: Very tempting to go short here but I’m going to hold out for 930 – let me show you why:

The orange fib is the percentage of wave {v} in comparison with {1}. So, we busted slightly through 61.8 but if you are a Zero sub you can see that we are slightly below the zero mark right now – but no major negative reading either. Breadth on the SPX is 2:1 positive right now – on the NDX 2.6:1 positive. I don’t see any divergences and thus I must assume that we’ll churn around here for a little and bust higher into the close. BTW, who wants to back up the truck in this whipsaw anyway? 😉

1:42pm EDT: We’ve got quite a move in the USD/JPY today:

I was actually planning on going long this morning but then got distracted with blogging (damn!). Well, seems to me that 96 should pose some resistance – anyone trading those currencies (besides lovely Fujisan)?

Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.

SPY, other than the 1m chart, mine showing no slacking of momo in longer timeframe, yet

SCALPERS GET It ON!

Keirsten

Re-post for ya- it's hitting resistance at the 10 EMA on the daily right here, so caution. I scalped it, but am out and will wait for awhile. G/L Aus. 🙂

Fujisan

If SPY closes above 92.7 today, it might as well retest 96.11 by next Monday.

BigHouse(Aka Mr Vix)

Covered at 69.95 Dont like it….might bust higher

springheel_jack

We've hit 927 (SPX) and as Mole says, we may well see 930 today. If you're going short though, we are now in the optimal risk/reward area. I'm going short here with stops at 935.

ausdude

It has been looking like it will roll over for a while…but it has not.I use the 8 and 21 EMA's – so, my levels don't match yours exactly.

I am waiting as well… but when this thing turns, there might be a loud thud! 😉

Good luck to you too..

ausdude

Whoa! Really? I think it just printed 92.70 ….

ausdude

Never mind — a bit too anxious. Did not “catch” that you said close.

Lordted

End of Quarter window dressing I would have thought? – I may be wrong

ropey

check out MA keirsten seems 168-169 is a nice short entry, done is a couple of times today for scalpes to 165/166 – but looks weak overall and back under the trendline it tried to backtest on fri..

Keirsten

Yep- on the intraday I use 9/18, but on dailies I just go with the 5/10/20s- don't ask me why because I don't have a good answer. LOL

Keirsten

Okey dokey- I'll take a look-see Ropey- thanks for the heads up. I'm trading pretty light this week, just taking profits and running for the exit quickly. heh heh

standard_and_poor

don't get sucked into 927 shorts, wait and observe first.

ausdude

On the intraday, do you use anything else? Like RSI or ATR? I have been playing with a few things but have never been able to find a decent recipe..

Also, I predominantly use 5 min charts … how about you? Thanks …

http://www.finz.tv/posse bhbgrouptrader

I trade futures and stocks …..and I seriously dont see anything anywhere to do right now….very rare for me to not see one trade….just a heads up as to where we are…..rangebound still and I suspect we will soon see the new direction after this week. I also exited that 30yr/5 yr note bond spread put on at .75 and sold it at 3.90 ……fyi!

Fujisan

Be careful, shorts. I see an inverted H&S on an hourly chart on SPX.

Keirsten

I mainly use a 15 and 60 min. chart, dial it down to 5 for entries and exits. I also have a proprietary signal that works pretty well for me, but mainly watch price and time. If I slap on the RSI, etc. I'm just looking for extra confirmation. You're right though- it's just finding a recipe that works more often than not and sticking to your rules and not getting psyched out.

I see it too Fujisan, but wouldn't it require a visit back to 905/910? I think that visit is very likely. The question is what happens after that.

standard_and_poor

Might add to longs around 912, depending on patterns.

ausdude

The disease I suffer from is “overtrading”. When I find something that works, I stick with it — initially. But soon, I am not trading enough to satisfy my appetite and then I pull a Lester (to a very mini-extent 😉 and then am reminded of being disciplined again.

Thanks for the replies.

Keirsten

Hey- I'm guilty of that too sometimes- just trying not to get sucked into that pattern this week cuz it always comes back to bite me you know where. LOL

http://alphahorn.blogspot.com/ alphahorn

this was an inevitability to form the H & S (now we see which carries the day)

When you use a 15/60 min setup,for how long do you expect to be in the trade?

Osso

Qs resistance: 36.72 36.75 36.79……..

disrespekt

I think I just saw a tumbleweed blow thru here…

thelefteyeguy

lol…cause no one can explain why the market is up (haha)

rhae

I see it too… SPX shows me no intraday volume. So I have to check the SPY. I believe volume slope from shoulder to shoulder is key for strength of H&S patterns. Intra day volume is not normalized on most charting platforms. Usually volume is skewed because most of it takes place 1st and last hour. So I just trendline the peaks.

SPY 60m volume slope is flat, so I dunno and won't bias the H&S pattern. But as Fujisan say's watch it. In these low volume short weeks, easy for the mm's to jerk us around. Especially if one is trading low volume stocks.

Keirsten

Aus- Squiddy just reminded me DOH! I also use the Aroon on the dailies. It's a good switch for me at least to keep me in or out of a trade, but like anything- just takes some time to observe and get used to.

Squidman

OMG, I'll never forget seeing him play at the cozy Fairchild Theatre at Michigan State with hundreds of screaming, dancing stoned and ecstatic students. Incredible talent. Great clip!

ausdude

Thanks. Never used that before.. will look into it.

Keirsten

I usually plan to be in the trade for a few hours to several days. With this nutty tape I'm in hit and run mode right now, so it's only short term intraday only for me, and it may take me all day to find my entry and sit it out, or I'll jump on the opening and sit out the afternoon.

I had no idea how good he was until I saw that video Squiddy! What a talent!

PRSGuitars

While we're throwing out Youtube music to pass the lunch hour, I thought I'd offer a brief an inspiring acoustic guitar arrangement of Dylan's 'watchtower'. This is genuinely one of the most beautiful pieces I've ever heard, and I hope you rats enjoy it. It's by an Italian fingerstylist named Walter Lupi —

Also, briefly, my username on Twitter (prsguitars) was just bought out by the real Paul Reed Smith guitars! They offered me a free guitar, which I'm also getting signed by PRS himself, and auctioning off to help my aunt and uncle who are having trouble making ends meet amidst medical bills (she's in the later stages of multiple types of cancer). Some awesome people at that company, and some beautiful guitars (ahem, like SOMEONE's avatar . . . cough cough).

Just thought I'd share the musical good news on both fronts. Best of luck today Mole, everyone!

katzo7

So glad I was harassed off of that other site for being an EWer. For people from a different part of the world, an openness to minority opinions was not to be found there.

ausdude

Check this out – even CNBC has someone talking about Market Manipulation…

Glad you're back! When in trouble, just take the next space ship and we'll welcome you here in Mars!You humour is well appreciated, even for no mouth aliens like us which therefore cannot laugh 😉

springheel_jack

No. EW analysis is not equivalent to astrology! LOL.

PRSGuitars

Wait, you got booted off acetraders for EW'ing? ARE YOU SERIOUS?!!

I liked nandu a lot, but it's a pain in the ass he's making it difficult to be a part of any and all communities one wishes to be involved in. I totally respect Mole and Nandu's respective calls for focus — and Mole, let me apologize for the brief O/T post below during the doldrum hours — because that, at least, makes sense. It's their house(s), so they run the show and we ought to snap to.

But EW? That's quite silly . . . (and forgive me if you're referring to a different site than nandu's now invite-only club)

http://alphahorn.blogspot.com/ alphahorn

i posted that i went long KONG this morning, this is why i play these small caps with setups

SPY 60m inverse h&s… all just a big game for me so… For it to work, SPY needs to hold above 92.63 for 1 1/2 hour.. 13:30 I want to see how it comes out of Donut Hour when head traders return to their desks…

BrassMonkyBalls

now that was awesome PRS, never heard of him till now but I bookmarked him….wonder what kind of tuning that is…

Osso

that guy NK…he is going to end bad, alone …being an arrogant prick.Pretends to charge $100 just for a trade range in 3 ETFs …!!!!!! people must be stupid being there,or else really do not know trading.

Great line: “You can check out any time you like but you can never leave”

So true

katzo7

Thnx for all of your kind words guys and gals. I won't emntion what site it is.

BTW, I do know a site were that are all going short; they are obviously not aware of the power of an EW5 move.

Now time for market to prove me an a**hole.LOL

http://alphahorn.blogspot.com/ alphahorn

welcome back katzo, but i'm hoping wave 5 has shot its wad, we are so overbought

http://alphahorn.blogspot.com/ alphahorn

anyone note the transports?

disrespekt

30m close outside upper BB, RSI pierced 70

BigHouse(Aka Mr Vix)

zzzzzzzz

http://alphahorn.blogspot.com/ alphahorn

looking for gravity to do its job

Susannah

If you like fingerstyle, you should love my cousin's husband, Kyle Reeder. He's a champion fingerstylist. Here's one of his CDs: http://cdbaby.com/cd/kylereeder

Osso

feel like Qs are at resistance……36.72/75.

wex

Thanks

Lordted

Off message. Looks like Rog will play the giant next… Could be tough

Osso

bot QID 31.39

http://stainlesssteelchicken.blogspot.com/ StainlessSteelChicken

I think one more 5 wave move up will complete a double zig zag

LostIllini

Very short with very tight stop, nap time could be in order unless the bears wake up out of hibernation.

Osso

bot TYP 20.65

http://alphahorn.blogspot.com/ alphahorn

possible ending diagonal on the SPX 5 min

katzo7

Short term traders could probably use me as an indicator. When I start saying things like this, may be time to cover.“So glad I was harassed off . . . . . . .”

I may have said that right at the word I am; no longer! allowed to? use@ on this site.

I am now a position trader, will hold until determine I determine a valid top.

standard_and_poor

“I am now a position trader, will hold until I determine a valid top.”

I give katzo 5 more minutes, maybe 6.

katzo7

Ooops, said the forbidden word.

PeterK80

Alpha, Thank You! This morning really faked me out and started hedging my ETF shorts with individual stocks. This one REALLY saved me. Still holding short from 920ish… stop at 932. Thanks again for pointing this one out!

1. The May peak. 2. Where we would need to turn down to make the next shoulder for the inverted H&S on the SPX 60min3. Where we would need to turn down for the H&S on the daily SPX – Not necessarily for another week though. 4. Top of the bollinger bands on the SPX 60 min5. Middle of the bollinger bands on the SPX daily.

One of the daily highlights over at zerohedge this morning was this “Commodity rally may end as supply rises, speculators sell bets.” I'am holding some OIH and one CLQ9 contract, I sold one contract earlier this morning and took profits on some of my OIH and I'am trying to decide if I should just take profits on everything. As of now I think I'am just going to hold because I think oil sees 80 in the next 90 days, I've already locked in some profit and regardless of what happens I won't loose money on these positions I'd just get stopped out for only a small profit.

annamall

Hi Isaiah, isn't that the truth. I feel sick to my stomach right now 🙁 been crying all morning. Ahhhh she's adorable!!!

Say anything you want, We all do our own dd, but your comments are certainly viewed as alert levels (ino)

annamall

thanks for the encouragement Alpha 🙂

http://alphahorn.blogspot.com/ alphahorn

I posted a small cap NAVR about a month ago, i know someone bot it but can't remember who, anyway my target for is over $4. started its breakout last week up again today 9.6% on nice volume. I've done a ton of work on this one and am holding longer term. worth a look

springheel_jack

Oil news wasn't great this morning. Surprised it has gone up.

anotherone

Anna, that cat looks like it can take care of herself. She'll probably come strolling back and give you a look like “What's all the fuss about?”

springheel_jack

For anyone trading the EURUSD range 1.39 to 1.41, it is now just under 1.41.

mrclam

Alpha, I took this one with you, thanks for the suggestion, just noticed it had gone up!

annamall

that made me smile anotherone thank you! I keep looking out to see if I see him walk up, its 90 degrees here and feels like 110 degrees, so i hope he is ok. 🙂

katzo7

Thnx rhae for your support.One has to keep an open mind in this, I wait to be proved right, not provedright and I am gone.

rhae

Was looking at the commodes/ basic material and seemed very mixed. Something about futures rolling to August… but that stuff over my head.Only thing I have in the cooker is WNR and FAST if one considers nuts and bolts and screws basic.I am only playing short term charts… a week or so.

OOOOOOOOOOOOO MY………….. annamall…. I'm catching the first plane down to help you look. Rocco is a heart throb. Keep checking the door every so often…. [Wooow I feel bad and I didn't even lose any $$$$… animals do have a certain draw about them]

rhae

Ok SPY, my time limit is about up… will it make a move? 92.63 tho the line seems to have shriveled away…

I am SO sorry to hear that! Forgive me for sharing my lost kitty story too, but my 12 year old totally-indoors persian got out for three days and I swore I had lost him forever. He reappeared, muddy, twigs in his fur, and looking like a major WTF!!, but he returned all on his own — I had put up signs and asked around the neighborhood for hours, and really about given up hope.

Your best bet is to keep food outside, doors open if possible or at least screens, just anything to entice him back to familiar settings and scents. Do NOT give up hope — people you hardly know, people who aren't even religious(!), are praying for your cat.

It's funny how the internet works — you meet the most unique people, and you often have the strangest things (trading options/futures, and liking cats, for example) in common. Look at how many of the rats show up in support for missing kitties!

Seriously, though, you're in our thoughts and prayers…

springheel_jack

I think we've been looking at the whites of their eyes for over three hours now. Old war movie, might have been Zulu.

katzo7

BBs tightening on the 5 min. (I hate the 5 min.) Gonna “splode one way or other.

Keirsten

Watching the SPY- gap resistance was 92.68- it's just a hair above that now.

BigHouse(Aka Mr Vix)

I would rather watch a Steven Seagal movie than look at this market today. lol

annamall

ahhh prsguitars what a nice story!!! 😀 made me smile. have food at front/back and have been walking around the neighborhood and asking neigbors.Also registered him lost on the Animal services website with pic. here's praying he comes home.

annamall

I am trying to find that out. I rescued him from Animal services so he does have cropped ear. all my others are. here's praying!

annamall

Hi Stealth, he is fixed, but is a youngster and a male, so i am hoping he is just out looking for squirrel's not blind ones though, and will be home soon, thanks for the support!

Not the American Revolution I don't think. Until smokeless powder was invented battlefields were very cloudy with smoke after the first shot, and until decent rifles came into common use in the mid-1800s, volleys were fired from longer distance as muskets were too innacurate for precision shooting.

The main skill in musket shooting was to train the troops to fire the maximum number of shots in the minimum time, which more than anything else gave the Brits the advantage over the French in the Napoleonic War.

Rifle shooting on a large scale only really made it into the US military in the Civil War.

http://alphahorn.blogspot.com/ alphahorn

watch for an RSI breach of 50 on the 15 min SPX. i see big red candles in the future

i Have been looking everywhere, and posted his picture on the AS website and praying allot. Hope he's just out cating around. He is absolutely adorable and just as sweet, glad you found your baby..

BrockSampson

Hi Anna, He looks just like our Cassady, Who has been known to get out and worry us for a while also.I'm sure Rocco is just chillin somewhere and will come back when hes ready and you least expect it.I know its hard and try not to worry too much. Will be thinking about you.

rhae

Excellent, very good points… I never went to a Universtity… Just the School of Hard Knocks… It seemed to have a very penetrating effect… nothing like good screw-ups to leave a lasting memory.

http://tradingsigns.blogspot.com/ T. Waffle

Sup Katzo

Boring market.

perspective

i concur. not sure about 937 – but that would be nice and neat.

Osso

aapl failing to take 144..mmmm…..and Euro failing taking 1.41…mmmm…

isaiah64v4

Keiiiiiiiiiiirsten…. DTO… does that ring a bell? Like it is time? Or close to it?

KidDisco

$SPX 60 min RSI is about to go under 70. That's bearish, no?

Stochs, momentum, MACD are also all rolling over.

bsummertime

I ate some liberrys at the dung zoo watching the poler bares

http://alphahorn.blogspot.com/ alphahorn

it's a start it's when it breaks below 50 that things get exciting

http://alphahorn.blogspot.com/ alphahorn

NAVR now up 16.36% for the day 🙂

http://alphahorn.blogspot.com/ alphahorn

katzo here comes your 5th of 5

molecool

Ahem – can we share the love a little? Thanks!!

DoubleNaughtSpy

Someone should send a message to Direxion that TZA is the inverse fund…not TNA.

eunsuh

jethro….they could care less. Just another bear trap….or not.

pkts

Maybe try craigslist too?

annamall

You think 930 was the top as I do Alpha?

Lordted

Everything rolling over except the price…

Never a short a dull market they say. They could easily keep it here until tomorrow…

dollar

Noob here – I think xlf already broke 50 on the 15 min, and a two day uptrend in the RSI, QQQQ broke 50 but there is a lower low on the RSI today at 36.17Am I reading this right?

thelefteyeguy

nice!

http://alphahorn.blogspot.com/ alphahorn

cash only has touched 927.99, so it could still pop to 930, but it's looking like it might break down through is rising wedge and if so next stop is the broader channel around 920

eunsuh

“They” have the power to do whatever they please, which is obvious every day of trading.

I agree, a great story, a triumph of the technology and progress of a now politically incorrect group against nobly savage peace-loving ways.

The Battle of Blood River was also a great historical occurrence.

CowardlyLion

Attributed to several fellows at Bunker Hill, but according to Wiki likely originated earlier.

disrespekt

We went over this last week…program trading now up to 40% of volume.

Let me describe this market as an analogy…it's like, say, a porno movie where a scene is shot over the course of perhaps hours. You just see the guy and think he's a stud who can keep it up for eons, but he has a fluffer to help him out in between takes. Goldman Sachs is like the market's fluffer.

I'd love to go to Florida sometime… even if i don't happen to attend my masters there it sure is a place I intend to visit…

If only I knew someone from Florida that could show me around… ! 😀

dollar

I guess that's what I should expect from the cheapie FreeStockCharts.com – it is telling me that Wilder's RSI 14 on the XLF 15 minute chart had an intraday low of 45.31 at 2:45! Any suggestions for a better charting service?

and so far it seems to be holding up. Last night I had with my post..“I'll throw in my view of things. No EW breakdown on the sub atomic level but a general overall view.” I mean I have to admit I am waved out. I don't know if it's A-B-C…of X-Y-Z of 1,2,3,4,5 yada yada..so I thought let us girls cook something up and throw it out there. So far so good. +1 for us. 😉 LOL

Fujisan

Good catch, Mole! I'm long USD/JPY as well as GBP/JPY. They took off and possibly go much higher.

As GBP/JPY has a very strong correlation to INDU, the chances are, the equity market will go higher as well.

Remember, if SPY closes above 92.70 today, it will go to retest 96.11.

Check SPY option open interest for July 95 – they are huge!

http://es seawolves

osso what happened to typ you still holding I bid it 20.62

salvadorveiga

eheheh now seriously I really want to go back to US since I just fell in love with the country…

Top places to visit are Florida of course, LA, NYC, Las Vegas… (cannot forget Washington state as welll :-D)

springheel_jack

Could have been a lot earlier. No reason it wouldn't have been used with volleys of arrows.

salvadorveiga

200 pips in the bag already 😀

Squidman

I see we are at R1. Do you look for a retrace now when Asian market opens?

Squidman

Ignore my question below. Thanks Fujisan!

Fujisan

Isn't it so sweet??

salvadorveiga

actually it was my charts with daily candles that triggered it… so maybe we can have some more upside in here 😀 would love too…

Fujisan

I had a buy signal in my daily set up as well. I had placed a buy order yesterday. Both daily RSI & Stoch are pointing up, and broke out of the daily range. I'm expecting this to go much higher.

Fujisan

It should come back to retest the breakout point, which is RR, so even if you missed this entry, we would have more opportunitieis to go long.

salvadorveiga

nice then 🙂 then i can expect much higher levels… i'm gonna stick with this one then 😉

katzo7

Hey bro.

http://www.hotoptionbabe.com annamall

Thank you sweetie! ROCCO COME HOME!

C C Rider

I see green candles into the close, starting into the last hour of trading.937 anyone?

i Have been looking everywhere, and posted his picture on the AS website and praying allot. Hope he's just out cating around. He is absolutely adorable and just as sweet, glad you found your baby..

BrockSampson

Hi Anna, He looks just like our Cassady, Who has been known to get out and worry us for a while also.I'm sure Rocco is just chillin somewhere and will come back when hes ready and you least expect it.I know its hard and try not to worry too much. Will be thinking about you.

rhae

Excellent, very good points… I never went to a Universtity… Just the School of Hard Knocks… It seemed to have a very penetrating effect… nothing like good screw-ups to leave a lasting memory.

http://www.tradingsign.com/ T. Waffle

Sup Katzo

Boring market.

http://tradingperspective.blogspot.com perspective

i concur. not sure about 937 – but that would be nice and neat.

Osso

aapl failing to take 144..mmmm…..and Euro failing taking 1.41…mmmm…

isaiah64v4

Keiiiiiiiiiiirsten…. DTO… does that ring a bell? Like it is time? Or close to it?

😉

KidDisco

$SPX 60 min RSI is about to go under 70. That's bearish, no?

Stochs, momentum, MACD are also all rolling over.

bsummertime

I ate some liberrys at the dung zoo watching the poler bares

http://alphahorn.blogspot.com/ alphahorn

it's a start it's when it breaks below 50 that things get exciting

http://alphahorn.blogspot.com/ alphahorn

NAVR now up 16.36% for the day 🙂

http://alphahorn.blogspot.com/ alphahorn

katzo here comes your 5th of 5

https://evilspeculator.com molecool

Ahem – can we share the love a little? Thanks!!

DoubleNaughtSpy

Someone should send a message to Direxion that TZA is the inverse fund…not TNA.

eunsuh

jethro….they could care less. Just another bear trap….or not.

pkts

Maybe try craigslist too?

http://www.hotoptionbabe.com annamall

You think 930 was the top as I do Alpha?

Lordted

Everything rolling over except the price…

Never a short a dull market they say. They could easily keep it here until tomorrow…

dollar

Noob here – I think xlf already broke 50 on the 15 min, and a two day uptrend in the RSI, QQQQ broke 50 but there is a lower low on the RSI today at 36.17Am I reading this right?

thelefteyeguy

nice!

http://alphahorn.blogspot.com/ alphahorn

cash only has touched 927.99, so it could still pop to 930, but it's looking like it might break down through is rising wedge and if so next stop is the broader channel around 920

eunsuh

“They” have the power to do whatever they please, which is obvious every day of trading.

I agree, a great story, a triumph of the technology and progress of a now politically incorrect group against nobly savage peace-loving ways.

The Battle of Blood River was also a great historical occurrence.

CowardlyLion

Attributed to several fellows at Bunker Hill, but according to Wiki likely originated earlier.

disrespekt

We went over this last week…program trading now up to 40% of volume.

Let me describe this market as an analogy…it's like, say, a porno movie where a scene is shot over the course of perhaps hours. You just see the guy and think he's a stud who can keep it up for eons, but he has a fluffer to help him out in between takes. Goldman Sachs is like the market's fluffer.

I'd love to go to Florida sometime… even if i don't happen to attend my masters there it sure is a place I intend to visit…

If only I knew someone from Florida that could show me around… ! 😀

dollar

I guess that's what I should expect from the cheapie FreeStockCharts.com – it is telling me that Wilder's RSI 14 on the XLF 15 minute chart had an intraday low of 45.31 at 2:45! Any suggestions for a better charting service?

and so far it seems to be holding up. Last night I had with my post..“I'll throw in my view of things. No EW breakdown on the sub atomic level but a general overall view.” I mean I have to admit I am waved out. I don't know if it's A-B-C…of X-Y-Z of 1,2,3,4,5 yada yada..so I thought let us girls cook something up and throw it out there. So far so good. +1 for us. 😉 LOL

Fujisan

Good catch, Mole! I'm long USD/JPY as well as GBP/JPY. They took off and possibly go much higher.

As GBP/JPY has a very strong correlation to INDU, the chances are, the equity market will go higher as well.

Remember, if SPY closes above 92.70 today, it will go to retest 96.11.

Check SPY option open interest for July 95 – they are huge!

http://es seawolves

osso what happened to typ you still holding I bid it 20.62

http://jogarembolsa.blogspot.com salvadorveiga

eheheh now seriously I really want to go back to US since I just fell in love with the country…

Top places to visit are Florida of course, LA, NYC, Las Vegas… (cannot forget Washington state as welll :-D)

http://channelsandpatterns.blogspot.com/ springheel_jack

Could have been a lot earlier. No reason it wouldn't have been used with volleys of arrows.

http://jogarembolsa.blogspot.com salvadorveiga

200 pips in the bag already 😀

Squidman

I see we are at R1. Do you look for a retrace now when Asian market opens?

Squidman

Ignore my question below. Thanks Fujisan!

Fujisan

Isn't it so sweet??

http://jogarembolsa.blogspot.com salvadorveiga

actually it was my charts with daily candles that triggered it… so maybe we can have some more upside in here 😀 would love too…

Fujisan

I had a buy signal in my daily set up as well. I had placed a buy order yesterday. Both daily RSI & Stoch are pointing up, and broke out of the daily range. I'm expecting this to go much higher.

Fujisan

It should come back to retest the breakout point, which is RR, so even if you missed this entry, we would have more opportunitieis to go long.

http://jogarembolsa.blogspot.com salvadorveiga

nice then 🙂 then i can expect much higher levels… i'm gonna stick with this one then 😉

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